Policy·October 23, 2026 at 8:22 PM EDT·1 source
US executives quit $25bn gas venture over claims of secret Russian control
Policy
What happened
- Former executives quit Polar Train LNG, a $25bn Alaska gas venture, amid claims of secret Russian control.
- The company’s former CEO told the Financial Times that Novatek financed and controlled the strategic project without US approval.
Reported venture value
$25bn
Why it matters
The claims raise potential national-security and regulatory concerns for energy investors, lenders and corporate advisers assessing control, approvals and project risk.
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Who is involved
US executives quit $25bn gas venture over claims of secret Ru…Polar Train LNGNovatek
Company
Sources (1)
- Financial TimesYesterdayUS executives quit $25bn gas venture over claims of secret Russian control
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